Activity Is Beginning to Accelerate in the Bitcoin NFT Space: Franklin Templeton

Bitcoin innovation and development has seen a “renaissance” in activity in the last year, Franklin Templeton Digital Assets said in an April report. This innovation has been driven mainly by (NFTs) called , new token standards such as BRC-20 and Runes, Bitcoin and other Bitcoin (DeFi) primitives, the report said. “This activity is starting to accelerate within the Bitcoin NFT space,” wrote Franklin Templeton, noting that Ordinals have seen a sudden increase in trading volume in recent months. This is reflected by market share data showing an increase in dominance...